If you find you don't have enough money, then you need to think how you can get more money coming in.
Getting more money in
Can you get more benefits?
Go to the benefits adviser at the Citizens Advice Bureau and see if you can get more benefits.
Benefits adviser
A benefits advisor could help you claim disability living allowance. They can also tell you about other benefits you might get.
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Citizens Advice Bureau
They help people who have money worries. They also help people claim benefits they are entitled to.
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Benefits
Money that is paid to people by the government. There are lots of different types of benefits and some people get more than one type.
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You will need to pay back the money a bit at a time, and the bank will also charge you some extra money. This extra money is called interest.
Loan
This is when a bank or building society lends you money which you then pay back. This is usually plus some interest as well.
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Interest
This is extra money you are charged when you borrow from a bank or building society.
Go back up to word- You borrow
- £300
- Interest charged by the bank
- £ 18
- Total you have to pay back
- £318
Information
For example: You could join a credit union. This is where people get together to save and borrow money.
To find a credit union near you, ask at the Citizens Advice Bureau or
Credit union
They are like banks but owned by the people who use them. They offer some banking services like loans.
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Citizens Advice Bureau
They help people who have money worries. They also help people claim benefits they are entitled to.
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Be careful!
Never borrow from someone who comes to your door, or comes up to you in the pub or anywhere.
They might make you pay back much, much more than you borrow. And they bully you if you can't pay.
It is always best to get a loan from your bank or a credit union.
Loan
This is when a bank or building society lends you money which you then pay back. This is usually plus some interest as well.
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Credit union
They are like banks but owned by the people who use them. They offer some banking services like loans.
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